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A Frightful Case of Inflation, c. 1863 (litho)
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A Frightful Case of Inflation, c. 1863 (litho)
AQS257112 A Frightful Case of Inflation, c.1863 (litho) by American School, (19th century); American Antiquarian Society, Worcester, Massachusetts, USA; (add.info.: a bloated Treasury Secretary Salmon Chase tells President Lincoln (1809-65), General Benjamin Butler and Navy Secretary Gideon Welles, " Don t come near me any of you...I feel like bursting!!" ; across his stock are labels of the various revenue-generating instruments of the U.S. Treasury; ); eCourtesy, American Antiquarian Society; American, out of copyright
Media ID 22944266
© Courtesy, American Antiquarian Society / Bridgeman Images
Bonds Finance Funding Swollen Union
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A Frightful Case of Inflation, c. 1863
EDITORS COMMENTS
is a captivating lithograph that captures the essence of financial concerns during the 19th century in America. The print showcases Treasury Secretary Salmon Chase, bloated and overwhelmed by the weight of his responsibilities, as he warns President Lincoln, General Benjamin Butler, and Navy Secretary Gideon Welles to keep their distance for fear of bursting. The artist cleverly uses labels representing various revenue-generating instruments of the U. S. Treasury across Chase's stock to symbolize the economic challenges faced by the nation at that time. This satirical portrayal highlights how financing the war effort through union bonds was causing significant inflationary pressure on the economy. Through this political caricature, we gain insight into both the struggles and humor surrounding financial matters during this period in American history. The exaggerated depiction serves as a reminder that even those in positions of power were not immune to feeling overwhelmed by economic circumstances. This fascinating engraving from Fine Art Finder provides us with an intriguing glimpse into a pivotal moment when swollen finances threatened to burst under mounting pressures. It reminds us that satire can be a powerful tool for commentary on societal issues while also offering historical context on how past generations navigated complex financial landscapes.
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